MENU

Fun & Interesting

Why is the UK the Richest and Poorest of Europe?

Hindsight 229,096 10 months ago
Video Not Working? Fix It Now

Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://www.masterworks.art/hindsight Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: https://www.masterworks.com/cd London is the richest region of Northern Europe. If it were a country, its GDP would be greater than that of Singapore and Norway, but what would the rest of the country look like? The UK is also home to 9 out of the 10 poorest regions of Northern Europe. The GDP per Capita of the UK without London is lower than that of Mississippi, the poorest of the United States. How has the UK become so unequal? Support me on Patreon: https://www.patreon.com/HindsightYT (starting at $2 per month) FULL TRANSCRIPT + SOURCES: https://docs.google.com/document/d/1Fuac5BUukKaqdtw7CVcGk78C-5cen6uh/edit?usp=sharing&ouid=116393133462297140352&rtpof=true&sd=true MAIN SOURCES: Is Britain really as poor as Mississippi? (Financial Times): https://www.ft.com/content/e5c741a7-befa-4d49-a819-f1b0510a9802 Is the UK falling behind other rich economies? Yes, but that’s only part of the story (The Guardian): https://www.theguardian.com/commentisfree/2023/sep/03/britain-economy-society Why has Britain become so Poor? (The Times): https://www.thetimes.com/world/europe/article/why-has-britain-become-so-poor-lw22lhvkh

Comment